Goldman Sachs, UBS, JPMorgan say 2019 is the year for climate change - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Here's why JPMorgan and Goldman Sachs say 2019 is the year climate change is at the top of investors' minds

But a lot of the world's biggest banks are all talking about climate change, and say this is the year investors are most aware.

Goldman last month released a 34-page report, which analyzed the impact of climate change on cities. The results were terrifying.Goldstein said clients want to be able to plan for changes that will arise due to climate change, whether it be physical changes, market moves, or policy, and added that more often clients are coming to Goldman for expertise on how to manage the risks associated with climate change.

"Markets are often driven by human behaviour." As a result, cultural milestones such as activist protests in the last year, including those by the Extinction Rebellion, as well as 2019 climate documentaries by David Attenborough ,are "important in making it more likely that the issues of climate change and inequality will affect markets."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Distractions and appeasement with the masses

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hollywood's Top Business Managers of 2019The entertainment industry's money managers prefer to avoid the limelight. To their chagrin, public documents and insiders help The Hollywood Reporter spotlight the people who help A-listers build empires and avoid bad investments.
Source: THR - 🏆 411. / 53 Read more »